RJH: 15 Oct 2024
7 Oct 2024
CP 23.2
Tailwind
-Fct 3Q24 highest in last 2 yrs. Nomally comes from Cash and SSO
Headwind
-4Q24 is off-peak season -> revenue drop QoQ but increasing YoY
-Fct SG&A increasing from preparing to open new branch (RNK) in Oct'24 -> beware of Depreciation in Y25
-Adjust Relative Weight (RW) from 12K to 7K. Debating still on to push not to over 15K
-Affect from investment in RAM. SH's cost 28.2 current price is 23
KS TP 23.80 Fct EPS 1.58 PE 15
MOS 20% @ 19.04
MOS 25% @ 17.85
MOS 30% @ 16.66
CP 23.2
Tailwind
-Fct 3Q24 highest in last 2 yrs. Nomally comes from Cash and SSO
Headwind
-4Q24 is off-peak season -> revenue drop QoQ but increasing YoY
-Fct SG&A increasing from preparing to open new branch (RNK) in Oct'24 -> beware of Depreciation in Y25
-Adjust Relative Weight (RW) from 12K to 7K. Debating still on to push not to over 15K
-Affect from investment in RAM. SH's cost 28.2 current price is 23
KS TP 23.80 Fct EPS 1.58 PE 15
MOS 20% @ 19.04
MOS 25% @ 17.85
MOS 30% @ 16.66
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.